SAIC Volkswagen

31°17′45″N 121°10′40″E / 31.29583°N 121.17778°E / 31.29583; 121.17778 (Shanghai Volkswagen Automotive (SVW))

SAIC Volkswagen Automotive Co., Ltd.
Company typeJoint venture
IndustryAutomotive
Founded12 October 1984; 40 years ago (1984-10-12)
HeadquartersAnting, Jiading District, Shanghai, China
Area served
China
Key people
Chen Hong (chairman)
Chen Xianzhang (president)
ProductsAutomobiles, engines
Brands
OwnersSAIC Motor (50%)
Volkswagen AG (39%)
Volkswagen (China) Invest (10%)
Audi AG (1%)
SubsidiariesSAIC Volkswagen Sales Co. Ltd.
Chinese name
Simplified Chinese上汽大众汽车有限公司
Traditional Chinese上汽大眾汽車有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinShàngqì Dàzhòng Qìchē Yǒuxiàn Gōngsī
SAIC Volkswagen
Simplified Chinese上汽大众
Traditional Chinese上汽大眾
Transcriptions
Standard Mandarin
Hanyu PinyinShàngqì Dàzhòng
Websitewww.csvw.com

SAIC Volkswagen Automotive Co., Ltd., formerly known as Shanghai Volkswagen Automotive Co., Ltd. is an automobile manufacturing company headquartered in Anting, Shanghai, China and a joint venture between SAIC Motor and Volkswagen Group . It was founded in 1984 and produces cars under the Volkswagen, Škoda and Audi marques.[1] It is the second automobile manufacturing joint venture in China after American Motors and the first German car manufacturer to enter China.

The joint venture is made up of equity from SAIC Motor (50%), Volkswagen AG (40%), Volkswagen (China) Invest (10%), with a fixed-term venture for 45 years up until 2030.[2] It is the first of three joint ventures operated by Volkswagen in China, alongside FAW-Volkswagen with FAW Group and Volkswagen Anhui with JAC Group.

  1. ^ Shanghai Volkswagen Škoda in China Archived 2009-04-25 at the Wayback Machine
  2. ^ Shanghai Volkswagen SVW Introduction Archived 2009-04-30 at the Wayback Machine